Reference
·Supporting source
Thai latex-to-glove downstream capacity
~5-8% of latex output
Thailand processes approximately 5-8% of its concentrated latex output into rubber gloves domestically, a much smaller share than Malaysia. Sri Trang Agro-Industry (SET:STA) is Thailand's largest vertically integrated player, spanning plantation, milling, concentrated latex, and glove manufacturing. Post-COVID demand normalisation has pressured glove margins globally; Thai operators are investing in higher-value nitrile glove capacity to reduce commodity exposure.
Figure in context
Thailand processes approximately 5-8% of its concentrated latex output into rubber gloves domestically, a much smaller share than Malaysia. Sri Trang Agro-Industry (SET:STA) is Thailand's largest vertically integrated player, spanning plantation, milling, concentrated latex, and glove manufacturing. Post-COVID demand normalisation has pressured glove margins globally; Thai operators are investing in higher-value nitrile glove capacity to reduce commodity exposure.
Thailand processes approximately 5-8% of its concentrated latex output into rubber gloves domestically, a much smaller share than Malaysia. Sri Trang Agro-Industry (SET:STA) is Thailand's largest vertically integrated player, spanning plantation, milling, concentrated latex, and glove manufacturing. Post-COVID demand normalisation has pressured glove margins globally; Thai operators are investing in higher-value nitrile glove capacity to reduce commodity exposure.
Time scope
2023-2024
Source basis
Supporting source
Interpretation notes
What this tells you
Thailand processes approximately 5-8% of its concentrated latex output into rubber gloves domestically, a much smaller share than Malaysia. Sri Trang Agro-Industry (SET:STA) is Thailand's largest vertically integrated player, spanning plantation, milling, concentrated latex, and glove manufacturing. Post-COVID demand normalisation has pressured glove margins globally; Thai operators are investing in higher-value nitrile glove capacity to reduce commodity exposure.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
Related figures
Adjacent numbers that add context without drowning the value.
Thai natural rubber production volume (2024)
Rubber Authority of Thailand, ANRPC, USDA FAS
Thai natural rubber export value (USD, 2024)
Thai Rubber Association, RAOT export statistics, Thai Customs Department
Smallholder share of Thai rubber output
Rubber Authority of Thailand, ANRPC
AFET RSS3 rubber price range (2024)
AFET daily price data, RAOT reference prices, SICOM
Report context
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